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A healthy paper gain on price comparison site Moneysupermarket.com has frustratingly dribbled away but last week’s first-quarter trading update showed the inherent strengths of a company whose shares offer an attractive yield and trade on an appealing valuation.
The market valuation of TCS tanked by Rs 62,538.64 crore to Rs 13,84,804.91 crore, the most among the top 10 firms. Infosys faced an erosion of Rs 30,488.12 crore from its valuation which stood at Rs 5,85,936.45 crore.
India Business News: Top firms like TCS, Infosys suffered valuation erosion. BSE index down 1.55%. Reliance, HDFC, Bharti Airtel, LIC gained. Infosys disappointed with rev
In a recent podcast, the veteran entrepreneur, A. Velumani bared his soul on how he started Thyrocare, and most importantly, the great relationship he shared with his late wife.